1935-02-07 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION,

Authorlund Capla

$60,000,000 homed and Fully Paid-up" 20,000,000 Meserve Funds 1-

Berling

* 1.800.200

Mire@10,000,000

Motorre Labling of Proption, 30,000,000 HEAD OFFICE, HONGKONG,

BOARD OF DIRECTORS,

Hou, Mr. G. . . Mackle

Chairman,

«q.

8, 3. Dodweli,

Deputy ChalzmaIL –

Lion Mr. W. 1},_35w11.

„2, Lowwich, Eag

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1858.

HEAD OFFICE: LONDON

FAXNOOD Radgon Bemarang

THE CHINA MAIL, THURSDAY, FEBRUARY

Commerce and

Finance

LOCAL DOLLAR STEADY

Silver Prices Decline

The local dollar remains steady, opening

this on demand

Paid-up Capita!·

Reserve Fund

£3,000,000 .£8,000,000

Reserve Liability of Pro-

prietors

£8,000,000

Agencies and Branches:

Amishar

Ipok

Bángkob

Karachi

10. Miskin, Erg

Klang

B. Morrison, Key

Boy

Kobe

24 12. Patron, Kag

turtl

Shanghal Singapore

morning at 1/9.

Tumpur

Sitiawan

Cawnpore

Koskleg

Saurabaya

Cabi

પ્રવે

Taping

Colombe

Manlia"

Thas tota

Yolan

Toogkak

New York

(Dauker)

Iningido

Torebama...

Zais boang

(Y. M. Grakgen, het: - Ohlal Manager.

BRANCHE-m

n

ANOT LANGFOR NATAVIA BOMBAY VALOUTTA DANTON QUEYUO DOLONDO DATARN FOOCHOW TLPIONE TEAMBUNG ΠΑΝΤΟΥ HARBIN MONGEZW ILOILO IPOH JOHUR

KOBY

KOWLOON

LAINDON LYONS HALACUA MANILA MUAR (Johorn} WURDEN NEW YORK PEIPING PENANG RABOOKIN BAIGON SAN PRANO1800 KUALA LUMPUR SHANGHAI BINGAPORE FOURABAYA SUNDEI PATANI TIENTSIN Tolu THINGTAO

YOKOHAMA

Ourrent Accousta opened in Kool Curmay sad Pized Depods received for one year, De sheriar periode in Local Company and Sterling beros which will be quoted on applica Hong Kong, 19th Apr, 1994,

HONG KONG SAVINĖS BANK.

·

|Haiphong

Hamburi franko Jarbla

عامية

Pelplig

Tebany

Spot and forward silver prices however, declined . being quot ed at 24-5/16 and 24-7/16, respec- tively.

:

The London on New York' cross- rate was quoted at £U.S.$4.88%

Foreign Bachange-sul. Gesural Banking business ns compared with £-US.$4.88.

trascie.

Cutran) Amounts opened and Fixed Deposit

| received for one year or shorter) perloda si rajan,

which will be quoted on appllectina,

A. BREARLEY.

* Manager. Hong Kong, fat. January, 1935.

SAFETY FIRST!

To Safeguard Your Valuables und Jewelleries Deposit them in a Vault that is really: FIRE - PROOF

:

BURGLAR-PROOF

DAMP PROOF 1

OUR SAFE DEPOSIT VAULT

The New York on London rate was quoted at £-U.S.$4.882, 8 compared with US$4.881⁄4.

LONDON SILVER !

Spot M 24-5/16 down Forward....24-7/16 down. %. Comment:-India and Specula-. tors sold. America bought at fall. Market closed quietly steady.

COMMODITY PRICES

The following quotations have

located on the Massarine Floor of been received by Messrs, S. E. Lavy Our New building is Specially Con- and Co., and the A.O.F.C. structed to provide all of those Im- be

Iportant.Qualities.

The Bucicons of the bore Bank is conduct d by the HONG KONG AND CHANGHAT ARLING CORPORATION. Hules may siniland on application,

FOR THE HONG KONG AND BANURAL BANKINO CORTONATION

V. M. GRAYBURN,

You may obtain a Safe Deposit|

Box in this most up-to-date Vault for New York Cotton:- your own use at a very moderate Ren-|March

Ratablished 1912.

Head Offices-Hong Kong.

Authorised Capital

May July September *..... $11,000,000 October

THE BANK OF EAST ASIA, LTD.

Authored Capital w

Talbop Capital

merve and Undivided Profia

12, Des Your Road Cantral,

BOARD OF DIRECTORI:-

fe Ebou-sou Chow, Chairman,

14 Hoon Chu, Fq. P. X. Kwok, Esq., Woug

Tu Torg. E. Chan Ghing Bbek, Zaquli lao Sang Rag. Wong Chu Bon, Eng, and Lan Ying

Batavia

pherd Harkow

Xax Tong Po, Eng.. Chilal Manager.

Manager.

11 T66 Poog. Eng.

BRANCHES AND AOENVIDS

Manila Waibourne Naguald New York

Paris

Palpita

Kingapor Gazaları Bunlaw

THE BANK OF CANTON, LTD. March

Paid-up Capital ..................... 8,655,000 December

Total Resources 82,170,498 Chicago Wheat:- Branches: Canton, Tolshan, Shanghai,

business of every discription trans Chicago Corn:- incted,

May

Hankow, Bangkok & San Francisco,

May

Bemaring

London Bankers: Lloyds Bank, Ltd., July

Bhaar hai

Foreign Exchange and

Banking September

LOCAL SHARES.

TO-DAY'S QUOTATIONS.

The following is the list of local share quotations issued to-day;

Banks. H.K Bank $1530 b.

div. n.

NO CHANGE SEEN ON

WALL STREET

Stock Exchange Gives Confidence

RUBBER TO OPEN LOWER »

New York, To-day,

THE H.K. & KOWLOON WHARF & GODOWN

COMPANY LIMITED

$857,287 Available For Appropriation

Subject to Audit The Hong Kong & Kowloon Wharf & Godown Co.,

with

NEW ADVERTISEMENTS

HONG KONG PHILHARMONIC, SOCIETY

HIAWATHA

SATURDAY, 9th March

There is no likelihood of apy Ltd. report that the balance at change in conditions on Wall Profit and Loss Account for the year CHINA FLEET CLUB THEATRE Street, but confidence is being ended December 31, 1834, is 3545,-| derived from the Stock Exchange 357.77, which, together programme to limit fluctuations $311,929.81 brought forward from THURSDAY, 7th March after the announcement of the de- the previous year, makes a total of H.K. Bank (London) £133 ex clalon on the Gold Clause case. $857,287.08 available for appropria-

"Rubber:-Prices are expected tion. to open a little lower.

The Directors will at the ap n. B

Wheat. Is forecasted to rule proaching meeting of Shareholders, easy, but the market has technt-recommend the following distribu- cally improved.. the Wheat Belt is improving.

The weather in tion:-

To pay a Dividend of "Cotton-While liquidated, but $6.00 per share narrow because of the impressive To pay a Bonus of 50 cts..

per share catalogue uncertainties hanging

Chartered Bank 215 n. Mercantile Bank A. & B. $811⁄4 Mercantile Bank C. 3134 Bank of East Asia 390 n. Am: 0. Finance Corp, Sh.$20 China O. Fin. Ord., Sh. $1.80 n. China O. Fin Pref. 8h. $431⁄2 n..

Insurances.

Canton Ins. $275 n. ̧* Union Ine. $490 b.

China Underwriters $1.89 b.. China. Fire Ing. $490 .. H.K. Fire Ins. $227 b. International Assce. Sh. $8 n.

Shipping.

Douglases Mo T H.K. Steamboats, $74 n. Indo-Chinas (Pref.), $80 m. Indo-Chinas (Def.), $18 2. Shells (Bearer) $52/6 n. Union Waterboats 184 n.

Mining. Antamoka 92 eta, b., 91 cts. sa. Balatoes $41 n... Baguio Gold 37 cts. b:** Benguet Consolidated $141⁄2 n. Benguet Exploration 18 cts. n. Benguet Goldfield 10 cta, n. Big Wedge, 10 cts. n. Gold Creek 381⁄2 cta. n. Gold-Rivers 224 cts. n.

Ipo Mining $1 n.^^ Ifogans 42 ets. n.

Salscots 16 cts. 1. Kailan 19 n.

Langkats (Single) Sb. $15 a.

My Docks, etc.

H.K. Wharves, $1121⁄2′′b.

H.K. Dockę $111⁄2... Provident (old) $1.20 b...

Providdita (new) 30′ cta. n." Hongkews, Sh. $809 n/

over the market, the Southern To transfer to Renewals (spot report is most encouraging. account

account

S. E. Levy And. Company's Report To carry forward, to next

In their market report, Messrs. S: E. Levy and Company, corres- pondents for Messrs. White Weld and Company. New York stato:---

"Stocks:-Little change in re- gard to the market is in prospect, until after the Gold Clauso has

been given. We would continue. to confine purchases to reactions only. Business done: shares.

560,000

(Continued on Page 11)

:$480,000.00

At 9.15 p.m.

40,000.00 BOOK THESE DATES

70,000,00

-267,287.08

$957,287.08

HUMPHREYS ESTATE

& FINANCE CO. LTD.

Net Profit Of $201,382 For Year 1934

A net profit for 1984; after de- dueting Directors' and General Managers' remuneration and in- cluding $32,270.76 brought for

NEW YORK STOCK ward from last account, of $201,-

EXCHANGE

S. E. Levy And Co. And A.O.F.C. Quotations

382.89 will be reported at the ordini} ary annual general meeting of the Ztri, at the Hong Kong Hotel, on Humphreys Estate & Finance Co., Tuesday, February 26, at 11.30 a.m.

The Directors recommend that

The following quotations from New this sum should be appropriated as York have been received by Mesars follows:

6. E. Levy and the American Oriental Pay a "dividend of. 8 Finance Corpóratión, ('

12.78 12.56 12.64

Carry Forward

Feb. 6. Feb. 6. Closing Closing

Chief. Wannger,

Hong Kong, 26 February, 1984,

tai.

$10,000,000,00

Inspection Cordially invited. THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice House Street_ and \

Den Voen Road, Central

May

12.34.

12.31 12.39 *12.84

July

12.38

12.84

October

12.28

12.28

December

12.36

12.84

|January (1936),

12.37

12.95

33,34,200.00

Spot

12.55

12.50

New York Rubber:

HEAD OFFICE-BONO

ONO

12.78

12.68

12.05 12.86

13.07 12.97

18.25 18.16

19.31 13.29

18.49

18.41

S'hai Exploration Sh. 35 n. Bhai Loans, Sh. $6 n.

Last Clogs 10.15 11.00

Raubs $8,00 n.

94%

94%

Venz; Goldfield $5 n.

[N. Y/Lon-

don

88

87%

{N. Y. Coth

87

86%

Mar. July:

4.88% 4.88% 4.88%

.12.34 12.81 12.31 12.88 12.36 12.86

per cent. on 200,000 shares Transfer to Special He- pairs and, Renewals A/c

$160,000.00

11,502.76 29,880.13

821⁄4

N. Y. Rubber

$201,382.89

82

Current Accounts opened and Fixed:

Deposits recet red for

shorter periods at rates, which will be September fquoted on application.

One year or July..

78%

78%

Mar. July

18.07 12.98 12.90

75

75%

C. Wheat

Winnipeg Wheat;-

Safe Deposit Boxes (various sixas) May

*824

82%

New Engineerings 8b. $5.80 n. -S'hal Docks, Sh. $120 n.

May

94%

July

88

87

July

C. Corn-

8134

81%

Cotton Mills,

May

8212

82%

Mt. Chlef Manger,

New York Sugar:— March

W. Wheat

May July

INC.

December

1.90

1.88/90 1.95 1.94/94 1.99 1.98/99 2.04 2.08/08 2.10 2.09/10

May

824

STOCKS

Amer Smelt-

ing

89

38%

[Con Gas N.Y.

10

10%

Du Pont

...

98

Head Ofice:-65, Broadway, New York

New York Silk:-

Eloe Bond &

March May

1.33

1.82

Share

General Mo-

1.93

1.32

Capital

Surplus

ReMyTVCE

.1.8.$8,000,000.00 July

2,087,112.89Montreal Silver:-- 1,995,528.31 March

1.89%

1.82

H.K. Land 4% Debentures 101%

b.

tors

30

30%

80

Int Tel &

Tel

BK

54.25 ·54.30

Loew's Inc

- 81%

81%

May

54.50

54,25:

BRANCHES:--

Humphreys $10 n

Ward

25%

54,80

54.65

Ámsterdam Antwor Athena

Gabo

H.K. Beatles $5.10, n.

Nat Distil

55.40 $5:20

The Lagun“ Havana

Asia Realties "A", SÈ. $100 n. Asta Realties "B" Sh. 17 n.e

lers

25%

N. Y.. Cen

Bakina

- Hamborg

tral

184

16%

Dariln

HARTE

Standing Oll

Bombay

N.

Broman

!!

Brazele

Calcutta

Legalis

Penang

Hangpon

· Testala

Kontiaca

Beigou

But Fraccion

Buy Amption

out

Tolya

Jokohamse

of Banking shő Ezehango Losna grauled for hire.

Dement Arounie opened lo Local Oras and Fland Usposila reived for Do you or Porter periods. in Local, and Foreign Curranoias

arms whlok will be quoted on application. Bas Tepoult Box Te

KAN TONG M

Chini Msongo Hong Kong, Let March, 1988,

THE BANK OF TAIWAN, LTD. Head Office: Talboku, FormoES, Incorporated in Japan by Special Imperial Charter, 1802"

Central Bank of Fermosa, Notes.

Isued Average amount Y.45,000,0ÐÐ Branches and Agencies.-

Japan:-Kobe, Osaka, Tokyo, Yoko

hama, Keelung, Makong, Nanto, Shoka, Shinchiku, Taichu, Tainan, Tamui, Toen, Karenko,

Taito,

Takao, Kagi,

Heito Giran

China:Amoy, Canton, Foothow, Han

kow, Shanghai, Swatow.

Others: Bombay, Hong Kong, London.

New York, Singapore, Batavia,

Samarang. Soerabaya, Dairen.

On and after April 20th, 1984, the on Special Current rate of Interest Deposit will be at 1% pa. Da daily balance and the rate for balance over 110,000 will be quoted on application (Maximum rate-11⁄4").

Y. OHNO,

Manager.

Hong Kong Branch

8. Des Voeux Road, Central.

THE YOKOHAMA SPECIE BANK LIMITED.

Established 1880

THE

AMERICAN EXPRESS COMPANY, September

Color Copenhagen Publio Edinburgh Pleas

Oh,

Heidelberg Teter Akan Jerusalerz London Ederpool Logite LANDY

Monte Chris

Manfa

Munich Motren

Nice Naples

Paris Priple Palamo Botterias

Branches of American Express Com- pany in Principal cities of United States of America and Canada.

All classes of Commercial Banking Transactions undertaken.

Personal investment' handled,

sccounts

July

September

''TIENTSIN'S ́ ́ ́LARGEST · MATCH FACTORY BANKRUPT

The Company offers to intending Travellers the use of its "Travelers | Cheques" and Letters of Credit and, Capital (fully paid-up) Yen.100,000,000 in addition, the world-wide services Yen,124,250,000 at its thoroughly equipped Trayed De Beserve Fund

Head Office:-YOKOHAMA

Branches and Agencies at:

Alexandria

Batavia

Berlin

Bombay

Caletta

Canton

Nagasaki Nagoya New York

Osaka Paris

Peiping

• Bangoon (Mukden) Rio de Janeiro

Dairen (Dalny)

Babkow

Harbin

Hook Tone

Honolulu

Karachi

San Francisco

Seattle

Singapore

Soerabaya Sydney

Hainking

Kobe

London

・

Manila

Los Angeles

Tientsin Tokyo Taingian

Interset - allowed on Ozrent

rates to be obtained on

received for dra

DUGGAN,

THE WING ON BANK, LTD. HONG KONG

Authorland Capital: $10,000,000:"

Foreign Exchange And Banking Business of "description tranARGE {ed,

opened, Spachl

Currant M

Deposits received at special rates, and Fixed Deposita, received for ONS 17SE! or shorter period at: rates which will be quoted on application,

Safe Deposit Boxes (varlona" alsos)

As for hire T

A PHILIP GOCKOHIN

oda God+24 Ohief Manager

The Peiyang Match Factory, one the largest of its kind in Tientsin, closed its doors last Monday accord- ing a report In the Chinese press. The failure is due to business set- backs and the general depression, it is said.

THE CHINA & SOUTH SEA BANI,”

LISTED

(Incorporated in China) Head Office Shanghai Capital

$7,500,000.00. Reserve

$1,500,000.00 Branches

-All Important Cities

Foreign Exchange and General Banking Business transacted.

Corrent and Saving Accounts opened. and Fixed Deposita received for ons year or shorter periods at rates which will be quoted on application.

BOU Z. CHANG, -

HONG KONG BRANCH 24; Den Vornx Road, Central: Manager's Offers Pr

Tel, 18565. Foreign Exchange Dept. 88508 General Difica

85567 Cashier's Office

THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED, (Incorporated in China) Capital paid

000,000, "Haferves

Capital Bavi RAZELTO

E

A Bank

Industrial developnimit

and the fort

xial relation

LI BHU TONG

LEGOCKCHINA

Anzletant, Manager kök

Ewo Cottons Sh. $8.90 n. S'hai Cotton Cold) #74 n S'hai Cottons (new) $45% 3.

- Zoong Slugs. Sh. $9.80 n.

Wing On Textiles, Sh. $55 n.

Lands, Hotels, etc..

H.K. and S. Hotels $4.80 n. H.K. Lands $50 b...

Shanghai Lands Sh. $22 n.

Metropolitan Lands Sh. $12.20 a. Montgomery

Chinese Estates $88 m. China Realties, Sh. $11 n. China Debentures Sh.$128 n.

„Pablle Uduties

H.K, Tramways $20 b. Peak Trams (gld) $81⁄2 n. Peak Trams (new), $6 'n Star Ferries $99 b

Yaumati Ferries 322 n. C. Light $10.20-an., $10.20 b. HK. Electrics $70% b Nacao Electrics $25.n. Sandakan Lights 48 m. Telephone (old) $2534 b. Telephone (new) $10% n. China Bus Sh. $12.40. n. Singapore Traction 7/8, n. Singapore Pref. 18/-n.

Industriais Malabon Sugar $84 n. Cald: Macg (Ord.), Sb. $21 n. Cald: Macg, (Prefi) Sh819 Canton Ices #2% b Cements $2.0241⁄2 b: 7: H.K. Roped $3.80 P

Stores, etc. Dairy Farms $241⁄2 ■; Watsons $4

Lane, Crawfords 13.76 n. Mackintzaha, 321/a. Sincares 18 n...

Wm. Powells, 70 etɛ, n. Wing On (HK) #105' Miscellaneous.

H.K. Amusements #1.88 n. Entertainments, $71⁄2 n. 8.C. Enterprises $1.85 1.- Macno "ureyhounds,” 18 n. Constructions (old) (1.86. n. Construction (new), 46 cts. b. Vibro Piling 8534, n..

SILVER DEALINGS ON

METAL EXCHANGE

Bay Brokers Confident Time

Not Far Off

London, To-day. 93% The commencement of silver Idealings on the metal exchange is 6% now appreciably nearer,

Reuter learns that it has been agreed by the Royal Mint to hold stocks of the metal, and also that 31% contract forms are already printed, 25% while the standard will be silver

0.999 fine.

26%

Though it is still impossible to 164 say exactly when dealings will commence, brokers are, Confident 39% 1944 that the time is not far off. --Reur- 354 95% $6

tex.sk.

20%

US. Steel

The following quotation from. Lon-||||| don were received in our office láni

down

gone

XEXEXE

Everything

BUT YOUR

SAVINGS

RENT

FOOD

CLOTHING

HEAT

TAXES

WATER

CHITS

SAVINGS

SAVE SOMETHING-

START NOW UNDERWRITERS SAVINGS BANK

FOR THE FAR EAST, INC.

Aria Life Buliding

Tone Tou

Tel. 30234

PEPPER MARKET

STATEMENT Earlier Reports Said Erroneous

London, To-day.

In view of the wild rumours at present circulating regarding the

night between 5.30 p.m. and 10.30 p.m. A business man had a puncture pepper market and its dificulties

Silver:

while motering in North Germany, the following authoritative state. Spot: 24-7/16, (Last close); 24- "Hey, you," he called to a passing ment has been issued: "A commit 5/16, (Last rocd.); 1/8, (Change): tram lend a hand."

tee of the trade is still negotiat- Forward: 24-9/16, (Last close); The tramp obliged and the tyrang, and investigating the steps 24-7/16, (Last recd.); 1/8, (Change); was replaced. When the motorist that can be taken to help the car turned his attention from mendiarying through of all commit- Silver Report: Indie and speculs the tyre to recompensing the tramp torn gold. Ameries bought at fali.

dows

ments."

[be' found that the tramp was bla Market closed quietly steady,Cate

Reuter is informed that all other Gold: 142/1-1/2, (Last close); own brother, whom he had not seen reports are misleading and errone- 141/10-1/2, (Last recd,); 3d" (Change); For Jë vears.

our. Reuter. down

London/N. Y. Selling Rate: 48825 (Last "cloes); 4.8906, (Last recd.); .0081, (Change); up

London/Paria Selling - Bate:-14:37, (Last cloes); 74:58, (last recd,); „16.

(Change) up Pay8.72, (Last] Dclose): 8.72, (Last recd.); unchanged.

Liverpool

Liverpool Wheat Mays/11, {Last close) 4/11

Last recd); unchanged. London Rubber July/Sept: (buyers) 6-1/2, (Last closa); 6-1/2

8-1/2-(Last recd:)}] unchanged. JOUETTES

London Rubbar July/Sept: (esilers) |8-5/8, - (Laste lore); 6-5/2, (Last rad.);

unchanged. A

Ch. Govt. 5% 1925 G38d4-89%

b

H.K. Govt 4% Loan, 61%

London Rubber at noon |6:1/4, (Läst read:)

Is It Insured? ?

·HATES

Head Glice

Baildl

S. E. Levy & Co.

7 ICE HOUSE STRENT

SNT HAVIERS, 2 ano

NEW YORK COTTON, EXCHANGE

COMMODITY EXCHANGE, ING, NY,

··CHICAGO: BOARD OF TRADE

CANADIAN COMMODITY EXCHANGE, INC.

CONRESPONDEN